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Stock Trend Analysis Report

Prepared for you on Sunday, May 26, 2024.

O-I Glass, Inc. (NYSE:OI)

Long-Term Downtrend (-90) - OI is in a strong downtrend that is likely to continue. While OI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid OI?

MarketClub looks at technical strength and momentum to determine if the timing is right for OI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_OI
Open High Low OI Price Change
12.290 12.600 12.230 12.565 +0.405
Entry Signal

MarketClub’s Trade Triangles for OI

long term down The long-term trend has been DOWN since May 1st, 2024 at 14.020

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 15.255

short term down The short-term trend has been DOWN since May 16th, 2024 at 13.500

Smart Scan Analysis for OI

Based on our trend formula, OI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for OI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.290 12.600 12.230 12.565 +0.405
Prev. Close Volume Bid Ask Time
12.560 1305527 2024-05-24 15:59:57
Year High23.61Year High Date2018-01-26
Year Low15.67Year Low Date2018-10-31
52wk High23.5752wk High Date2023-07-25
52wk Low12.08552wk Low Date2024-05-23
Year End Close21.27Average Volume2,037,630
Shares Outstanding153,670Short Interest3,113,740
% Institutional96.1Market Cap1,703M
Assets940,900,000MLiabilities772,200,000M
P/E Ratio6.5924Beta2.18
Volatility50.05
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